What? Another Report?

» Posted by on Oct 2, 2018 in Announcements, Shop Talk | 0 comments

8:00 AM EDT: U.S. Motor Vehicle Sales. Unit sales of motor vehicles include domestic sales and foreign sales, otherwise referred to as imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. Given the most recent turn of events with trade agreements this report is bound to be watched much more closely.  Consensus 16.9M, the Consensus Range is 16.5M to 17.1M

8:55 AM EDT: Redbook This report offers early indications on ex-auto ex-gas retail sales. Y/Y store sales came in previously at 5.8%

Clearly most media coverage will not look at this as long as there is ridiculous stuff to sensationalize.

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